Deals
Forest Labs Seen Needing Deal Amid Patent Loss: Real M&A
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Forest Laboratories Inc. needs acquisitions to counter a projected 80 percent drop in profit this year as patents on its top-selling drugs start to expire.
About three-quarters of the company’s more than $4.5 billion of sales last year were generated by the antidepressant Lexapro, which lost exclusivity in March, and Namenda, an Alzheimer’s treatment facing the end of its patent protection in